Pompeo discusses cooperation over Iran with European counterparts

On Iran and Trump India Has Landed Between a Rock and a Hard Place

Iran's main trade partners are the United Arab Emirates and China, which account for 23.6% and 22.3% of the country's total trade, according to the European Commission.

On Tuesday, President Donald Trump announced that he was withdrawing the United States from the Joint Comprehensive Plan of Action (JCPOA), more commonly known as the "Iran Deal".

German Economy Minister Peter Altmaier said he would work with affected companies to try to "minimise the negative consequences" of the USA move, adding: "That means, it is concretely about damage limitation".

"I cannot talk about legal or economic guarantees but I can talk about serious, determined, immediate work from the European side", Mogherini said.

Iran's foreign minister arrived in Beijing Sunday, Iranian media said, on the first leg of a whirlwind diplomatic tour created to try and rescue the nuclear deal left on the brink of collapse after the USA pulled out. "We are on the right track. a lot will depend on what we can do in next few weeks", he said. That means that anyone, in any country, who does business with Seif or Tarzali could themselves be punished with sanctions, cutting them off from the US financial system.

Those impacts will only become apparent once America's partners give their own response to Trump's decision, and when details of how the USA measures are implemented are clear, the IG said.

Bolton said Sunday that it's "possible" that could include European companies that do business with Iran.

Germany, France and Britain were three of the six signatories to the 2015 pact which saw sanctions lifted in return for the commitment by Tehran not to acquire nuclear weapons.

A prominent Iranian cleric is threatening two Israeli cities with destruction if the Jewish state "acts foolishly" and retaliates against it again.

Since the deal took effect in 2016 major European firms have rushed to do billions of dollars' worth of business with Iran, and now thousands of jobs are at stake.

The moves come as Trump's administration, after deeming the 2015 nuclear deal insufficiently tough on Iran, seeks to construct a global coalition to place enough pressure on Tehran that it comes back to the negotiating table to strike a "better deal".

Trump’s policy might push Iran to conduct more ballistic missile tests. Credit Reuters

"I would like to point out that Russian Federation and other participants in the deal - China and the European countries - also have their legitimate interests enshrined in this agreement", he added.

In a 2016 meeting of the Council on Foreign Relation in Washington, Seif said Iran achieved "almost nothing" from the deal.

Zarif on Tuesday will meet with his counterparts from Germany, France and the United Kingdom in Brussels.

The International Atomic Energy Agency has stated that Iran has passed investigations, and this has been consistently verified and documented.

European commissioners will discuss sanctions-blocking measures on Wednesday, opening the way for European leaders to discuss the issue at a summit in Sofia later that day.

Now EU officials say they are revamping the statute to avoid the latest U.S. restrictions on firms doing business with Iran.

In an interview on CNN's State of the Union Sunday, Bolton was asked about his past hawkish comments on Iran in the wake of President Donald Trump pulling out of the Iran nuclear deal.

German Chancellor Angela Merkel said the U.S. decision to withdraw from the deal was a serious blow.

"It was never meant to be, and it never could have been, an agreement with Iran by which Iran would change its policy on Syria, on Iraq, or on Yemen".

Iranian President Hassan Rouhani is seen on Tuesday. European countries say Trump's decision will raise the risk of conflict in the region.

Their failure to convince President Trump will see the USA reimpose sanctions and put European businesses under pressure to wind up their links with the country. "We are going to work to stop that", he said. "We don't have much to threaten the Americans".

Related News:

  • Milwaukee Bucks: Owners meeting with Mike Budenholzer, Ettore Messina

    Milwaukee Bucks: Owners meeting with Mike Budenholzer, Ettore Messina

    The Bucks finished the season under interim coach Joe Prunty and made the playoffs as the No. 7 seed in the Eastern Conference. The Cavs went on to win the National Basketball Association title and Blatt's replacement, Tyronn Lue, still holds that job.
    Is Man City greatest Premier League team ever?

    Is Man City greatest Premier League team ever?

    We've been updating these rankings on a rolling basis since last August, but this is the final, crystalised cut. We are going to lose all, all, all days to compare with this season, all of them.
    Boeing Statement on WTO Ruling

    Boeing Statement on WTO Ruling

    Boeing said it anticipated that United States tariffs up to the amount of harm from the subsidies could be scheduled as early as 2019.
  • Chief of RIA Novosti's Kyiv office indicted on charges of treason - SBU

    Chief of RIA Novosti's Kyiv office indicted on charges of treason - SBU

    The reporter was not detained, but his laptop and tablet PC were confiscated, and he was summoned to SBU next week. The CPJ was not able to locate Vyshynsky and find out whether he had been formally charged, the release said.

    Banco Bradesco Plans Special Dividend of $0.01 (BBD)

    Relative volume is the comparison of current volume to average volume for the same time of day, and it's displayed as a ratio. E*TRADE Financial Corporation a U.S. based Company, belongs to Financial sector and Investment Brokerage - National industry.

    Vanguard Total Bond Market ETF (BND) Declines 0.09% for May 14

    Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory.
  • 2018 budget: Senate receives report, eyes Thursday for passage into law

    2018 budget: Senate receives report, eyes Thursday for passage into law

    Also, capital expenditure was up from N2.42 trillion to N2.86 trillion, while debt service was also increased to N2.20 trillion from N2.01 trillion.
    Blake Lively Dressed Up Like Deadpool for Ryan Reynolds's Premiere

    Blake Lively Dressed Up Like Deadpool for Ryan Reynolds's Premiere

    I thought it was lazy writing to have similar opening credit sequences that made fun of the producers, cast , etc. Admittedly, if you did not care for the first Deadpool , there might not be more here to win you over.
    Arteta closing on Arsenal deal

    Arteta closing on Arsenal deal

    Wenger himself arrived from Japanese club Nagoya Grampus Eight (stop me if you've heard this story before). He had bowed in front of the Arsenal fans who had travelled to see his final game in charge.
  • Cardi B Responds To 'Girls' Song Controversy, Apologizes To LGBTQ Community

    Cardi B Responds To 'Girls' Song Controversy, Apologizes To LGBTQ Community

    I have had romantic relationships with women and men throughout my life and this is my personal journey. The song "does more harm than good for the LGBTQ community", singer Hayley Kiyoko said on twitter.
    Tesla just registered a new electric vehicle  firm in China

    Tesla just registered a new electric vehicle firm in China

    Tesla is expected to soon announce its next Gigafactory in Shanghai, China , as new company registrations have been discovered. China's relaxing of foreign automaker ownership is undoubtedly fueling Tesla's recent moves in Shanghai.
    Teacher shot dead after having sex with student

    Teacher shot dead after having sex with student

    Though known in local media outlets for her dispute with her wedding dress designer, Rachael DelTondo was once a teacher. Rachael DelTondo was supposed to tie the knot in 2017, but only four months later, the wedding was called off.


Most liked

The 'Bohemian Rhapsody' biopic trailer has dropped
The trailer also showcases a medley of their most popular music and in particular, how Bohemian Rhapsody came about. This shot depicts the insane audience that attended Live Aid in 1985 at Wembley Stadium.

Meghan Markle's half-sister says father had heart attack
They will be pulling the couple's carriage of choice an Ascot Landau along with another four horses during the procession. Kensington Palace has appealed for "understanding and respect" for Prince Harry and Meghan amid this latest media storm.

PH govt in no hurry to make Anwar PM
He's expected to succeed the country's new leader Mahathir Mohamad, who won last week's election in a shock upset. Anwar was previously scheduled to be released on June 8.

World Health Organization urges ban on industrial trans-fats by 2023
The agency estimates that every year trans-fat intake leads to more than 500,000 deaths from cardiovascular disease. They propose that banning the substance from all foods will be a major step in reducing preventable deaths.

Paul Manafort just got very bad news from a federal court
Ellis of the Eastern District of Virginia expressed skepticism earlier this month of the scope of Mueller's authority. The fact that Ellis asked such questions does not mean that he will rule in Manafort's favor.

Egyptians angry over United States embassy move in Jerusalem
The baby was with a relative during the violence at the Gaza-Israel border yesterday when tear gas canisters were fired at crowds. Secretary-General Antonio Guterres said Monday's killings show the need for a political solution to the conflict.

Steve Bruce reaping benefits of Aston Villa 'big player' policy
The match began with a minute's applause for former Villa defender Jlloyd Samuel who died earlier on Tuesday at the age of 37 in a vehicle accident.

Museums publish two hidden pages from Anne Frank's diary
Mystery has swirled around the two pages of Anne Frank's diary where brown paper was pasted over the writing. Anne wrote her diary while she and her family hid for more than two years during World War II.

Yanny or Laurel? Celebs Reveal What They Hear in This Audio!
Listen to the clip below and tell us if you hear the word "Yanny" (not a word) or "Laurel". Twitter user Cloe Feldman first posted the clip online Monday night.

Mike Russell demands United Kingdom 'respect' Scotland after MSPs vote against Brexit Bill
He said the government would press ahead with the Bill but suggested it would be open to amending it to reflect Scottish concerns. However even if Holyrood votes to refuse consent, Westminster can still go ahead and introduce the legislation anyway.

Possible Match for the WWE Money in The Bank Event
Here is the match that will easily steal the show and could be one of the best of the year if they're given enough time. Owens goes to the top, and it looks like he is going to go for the frog splash, but Rollins counters.

California Solar Forecast Bumped By 14% Over 4 Years By Solar Mandate
Robert Raymer, technical director for the California Building Industry Association, called it a "quantum leap". They would still have to draw some of their electricity from the power grid.

USA imposes sanctions against Iran central bank governor
Earlier this year, the Trump administration slapped sanctions on the deputy governor of Russia's central bank, Alexander Torshin. Seif, whose position is equal to the Federal Reserve chairman within the US , oversees main monetary selections in Iran.

Man Utd To Announce Signing After FA Cup Final
United will have the chance to give their captain the ideal sending off when they take on Chelsea in the FA Cup final on May 19. Martial, on the other hand, is a doubt for the FA Cup final next week.

Champions League final can make Liverpool legends
Mohamed Salah broke record after finishing the 2017/18 Premier League season with most goals scored in a single campaign. Following Kane's goal at Stoke City, I think it's fair to say, the footballing community was rooting for Salah.